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Indian School Finance Company Private Limited

Current Opening Detail

Job Detail
Job title Collection Executive
Location Sultanpur/Gorakhpur/Hassan/Belgaum
Description

The Collections Executive is responsible for managing and undertaking a collections process for debts that have been allocated to him/her. He/she will utilize best practice processes and techniques, as well as information at hand, to positively influence debtors to maximize payment of debt over the shortest period of time.

Specific Responsibilities
  • Follow-up and Recovery of overdues from the defaulter/debtors.
  • For any unresolved cases, the Officer to decide on the most value added mode of follow-up.
  • Tracing out of absconded default customers and initiate recovery process
  • Ensure that collection process and legal guidelines to be adhered.
  • Recommend for legal actions for non-recoverable cases above Rs 10,000 O/s cases and follow up with the Legal Cell for the closure of the cases.
  • Disputes redress mechanism.
  • Provide administrative work related to collection such as updating delinquent account history, updating change of customers'
  • information, providing and maintaining MIS report, reviewing of collection feedback on daily ,Weekly & Monthly basis, etc.
  • Reporting any fraud identified in the field to Vigilance.
  • Recommending for Policy initiatives.
  • Interact with different teams at appropriate verticals and if required engage them for collections.
  • Recommendation of doubtful overdue cases for writing off in co-ordination with Credit department.

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